Crédito Real, S.A.B. De C.V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 21, 2020
Share
Crédito Real, S.A.B. De C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net income was MXN 131.4 million compared to MXN 492.3 million a year ago. For the half year, net income was MXN 436.8 million compared to MXN 1,116.9 million a year ago.
Credito Real SAB de CV SOFOM ENR, formerly known as Credito Real SAB de CV Sofom ER, is a Mexico-based company that provides consumer financing. The Company provides loans, either by providing direct financing to consumers or by establishing financing programs with consumer financing dealers that sell to Credito Real the collection rights from consumer financing products. Additionally, It provides financing directly to individuals that are employed by corporations with payroll deduction agreements with consumer financing dealers authorized by Credito Real. It operates through a number of subsidiaries, including AFS Acceptance LLC.
Crédito Real, S.A.B. De C.V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Second Quarter Ended June 30, 2020
CRÉDITO REAL, S.A.B. DE C.V., SOCIEDAD FINANCIERA DE OBJETO MÚLTIPLE, ENTIDAD NO REGULADA 
